Digital Garage

India-based used car platform Droom has secured an undisclosed amount of Series B funding. BEENEXT and Digital Garage led the round.

San Francisco-based IfOnly, a marketplace for experiences, raised $10.5 million in Series B funding from investors including Advance Newhouse, Digital Garage, XB Ventures, Dropbox founder and CEO Drew Houston, and Yucaipa Capital chief Ron Burkle. IfOnly has raised $25 million to date.

Blockstream, a San Francisco-based company focused on bitcoin and blockchain technology, has secured US$55 million in a Series A financing. The round was led by Horizons Ventures, AXA Strategic Ventures and Digital Garage, with participation from existing investors. The Series A round builds on the company's US$21 million seed-stage funding /canada/2014/11/17/real-ventures-co-leads-21-mln-seed-funding-of-blockstream/ co-led by Canadian venture capital firm Real Ventures in 2014. Blockstream, which also has a presence in Montréal, said it will use the new funds to bring "blockchain innovation to market using its sidechain technology", expand its operations and support industry partners. The company is led by Canadian entrepreneur Austin Hill.

Blockstream, a startup working to expand blockchain technology for commercial use, raised $55 million in Series A funding. Horizons Ventures, AXA Strategic Ventures and Digital Garage led the round with participation from existing investors including AME Cloud Ventures, Blockchain Capital, Khosla Ventures and others. As part of the round, Horizons has joined the Board of Directors. Blockstream raised a $21 million seed round in 2014.

San Francisco-based Pocket, a platform that helps users save online content, has closed $7 million in funding. New Enterprise Associates led the round with participation from other investors that included Axel Springer, Digital Garage and Ashton Kutcher and Guy Oseary's new fund Sound Ventures. In conjunction with the funding, Dayna Grayson, a general partner at NEA, has been added to Pocket's board of directors.

Digital Garage has led a $15 million Series D funding round in Wikia, the online platform for fans of popular culture. Other participants in the funding round include existing investors Amazon, Bessemer Venture Partners and Institutional Venture Partners.

Ad tech startup AdStage has closed $6.25 million in Series A funding. The investors were Verizon Ventures, Digital Garage, Newbury Ventures, Freestyle Capital, Chris Noble and Neal Dempsey of Bay Partners.

Two Tap said Thursday that it has closed $2.7 million in seed funding. The investors included Khosla Ventures, Transmedia Capital, Digital Garage and Alexis Ohanian. Based in San Francisco, Two Tap is an automated checkout solution provider for consumers.

The early-stage investor backs technology founders from or based in what it calls the 'New Nordics.'

SIP Global Partners has raised $75 million for its debut venture fund.

TapClicks has acquired AdStage, a provider of marketing and advertising intelligence solutions for campaign optimization.

byFounders, a Danish early-stage venture firm, has raised 100 million euros for its new fund, according to a Medium blog post https://medium.com/byfounders/byfounders-closes-100m-first-time-vc-fund-ea45a86c10dc The fund will invest in Nordic and Baltic tech startups. The fund's investors included Danish Growth Fund, Isomer Capital, Draper Esprit and Digital Garage.

Canada’s top 10 venture-capital financings in 2016 drew more than $1.1 billion from investors, more than twice the $534 million that went into the top 10 deals in 2015. That number is based on PE Hub Canada's list of the largest deals announced last year, supplemented by preliminary Thomson Reuters data. The list is headed by BlueRock Therapeutics, Thalmic Labs, DalCor Pharma and Real Matters, which were responsible for the biggest crop of $100 million-plus financings in Canada since the dot.com era.

Canada’s top 10 first-quarter venture-capital financings drew more than $416 million from investors, more than double the $191 million that went into the top 10 deals a year earlier. That estimate is based on a PE Hub Canada list of the largest disclosed financings announced between January and March. It has been compiled in advance of the broader VC market reports expected in coming weeks from the Canadian Venture Capital & Private Equity Association and Thomson Reuters.